Colgate-Palmolive Announces Management Appointments
July 09 2004 - 9:26AM
PR Newswire (US)
Colgate-Palmolive Announces Management Appointments NEW YORK, July
9, 2004 /PRNewswire-FirstCall/ -- Colgate-Palmolive Company
(NYSE:CL) today announced the following new appointments for three
current senior executives: Ian Cook is appointed Chief Operating
Officer, reporting to President William S. Shanahan. Mr. Cook will
be responsible for all Colgate's businesses, except Latin America
and Hill's. In addition to his current responsibility for the
Company's most competitive businesses in North America and Europe,
he will now have operating responsibility for Asia, Central Europe
and Africa. As he assumes his new duties, Mr. Cook will travel
extensively with Mr. Shanahan in the coming months to increase his
involvement with Colgate operations around the world. Mr. Cook has
a deep and diverse understanding of Colgate's business, developed
over 27 years in marketing, general management and senior corporate
positions. Javier Teruel is appointed Vice Chairman and will assume
responsibility for reviewing and sharpening our worldwide strategy,
building on successful disciplines and practices, thereby ensuring
continued progress in the years ahead. Mr. Teruel will report to
Mr. Shanahan. He will work closely with Mr. Cook and Ms. Juliber in
this new role and will also bring together a committee of Division
Presidents and other senior executives which will be deeply
involved in the evolution of the Company's plans. Mr. Teruel's
extensive leadership experience, spanning three decades at Colgate
in both subsidiary management and Global Business Development,
makes him especially qualified for this unique and vitally
important assignment and will further equip him for future
leadership roles. He will also continue to oversee the
strategically important Hill's business. Lois Juliber is appointed
Vice Chairman and will continue to head the critically important
global growth functions of the Company -- Global Business
Development, Research and Development, Global Product Supply Chain,
Information Technology and Corporate Development. She will report
to Mr. Shanahan. Ms. Juliber will also retain operating
responsibility for Latin America and oversight of Corporate
Communications. She will work closely with Mr. Cook to help ensure
strong working relationships between operations and the global
growth functions. In leading Colgate operating units and strategic
functions over the last 16 years, Ms. Juliber has repeatedly
demonstrated the ability so critical for long-term leadership --
building Colgate's business profitably by aligning processes and
resources with growth objectives. In commenting on the
appointments, Chairman and CEO Reuben Mark said, "These three
executives are examples of the extraordinary depth and breadth of
the talented and dedicated Colgate people leading our initiatives
throughout the world. Their new assignments further strengthen our
senior management team and ensure continuing improvement of our
successful strategies and business practices." * * * About
Colgate-Palmolive: Colgate-Palmolive is a leading global consumer
products company, tightly focused on Oral Care, Personal Care,
Household Surface Care, Fabric Care and Pet Nutrition. Colgate
sells its products in over 200 countries and territories around the
world under such internationally recognized brand names as Colgate,
Palmolive, Mennen, Softsoap, Irish Spring, Protex, Sorriso,
Kolynos, Ajax, Axion, Soupline, Suavitel and Fab, as well as Hill's
Science Diet and Hill's Prescription Diet pet foods. For more
information about Colgate's global business, visit the Company's
website at http://www.colgate.com/. DATASOURCE: Colgate-Palmolive
Company CONTACT: Bina Thompson, +1-212-310-3072, or Hope Spiller,
+1-212-310-2291, both of Colgate-Palmolive Company Web site:
http://www.colgate.com/
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